by Calculated Risk on 10/25/2018 08:34:00 AM
Thursday, October 25, 2018
The DOL reported:
In the week ending October 20, the advance figure for seasonally adjusted initial claims was 215,000, an increase of 5,000 from the previous week's unrevised level of 210,000. The 4-week moving average was 211,750, unchanged from the previous week's unrevised average of 211,750.The previous week was unrevised.
The following graph shows the 4-week moving average of weekly claims since 1971.
Click on graph for larger image.
The dashed line on the graph is the current 4-week average. The four-week average of weekly unemployment claims was unchanged at 211,750.
This was slightly higher than the consensus forecast. The low level of claims suggest few layoffs.
Posted by Calculated Risk on 10/25/2018 08:34:00 AM